Nonfinancial Commercial Paper Outstanding

COMPAPER • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

334.78

Year-over-Year Change

-6.30%

Date Range

6/14/2006 - 8/6/2025

Summary

Nonfinancial Commercial Paper Outstanding tracks short-term corporate debt instruments. It provides critical insights into corporate borrowing and liquidity conditions.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Commercial paper represents unsecured, short-term corporate debt used for immediate financing needs. Economists monitor this metric to assess corporate financial health.

Methodology

Data collected from Federal Reserve surveys of financial institutions and corporate reporting.

Historical Context

Central banks and investors use this indicator to evaluate corporate credit markets.

Key Facts

  • Represents unsecured corporate debt instruments
  • Typically matures in 270 days or less
  • Indicates corporate borrowing capacity

FAQs

Q: What is commercial paper?

A: Short-term, unsecured corporate debt used for immediate financing needs. Typically issued by large corporations with strong credit ratings.

Q: Why do investors track commercial paper?

A: It provides insights into corporate liquidity and short-term borrowing conditions. Reflects overall corporate financial health.

Q: How often is commercial paper data updated?

A: Typically reported weekly by the Federal Reserve. Provides near real-time view of corporate debt markets.

Q: What impacts commercial paper rates?

A: Federal Reserve monetary policy, corporate credit ratings, and overall economic conditions influence commercial paper rates.

Q: Are there risks in commercial paper investments?

A: While generally low-risk, commercial paper can be affected by corporate financial stability and broader economic trends.

Related Trends

Citation

U.S. Federal Reserve, Nonfinancial Commercial Paper Outstanding (COMPAPER), retrieved from FRED.